BlockBeats News, November 7th, Liquid Capital (formerly LD Capital) founder Daniel Li posted, stating, “Continuously optimistic about the future market and buying strategy. We believe there is a 20% probability of another deep retracement, a 50% probability of BTC retesting $116,000 and ETH retesting $4,000 with wide fluctuations, a 30% probability of starting a short squeeze rally by the end of the year breaking through to a new high above $5,000. This is due to the rate cut expectations and government reopening news. Also, observing the current structural pullback in the US stock market with a very low probability of a sharp decline in the short term. The key point is that the AI bubble is still in its early to middle stage, being actively promoted as a national strategy in the US, coupled with strong performance in major company financial reports. Cryptocurrency is relatively undervalued compared to the Nasdaq, so there is no need to panic. Stay steadfast in buying. Everyone is the god of their own investment and trading in their hearts, and no one is always 100% correct.”
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